Ex-OpenAI trio's Applied Compute raising $350M at $3.25B valuation for custom enterprise models

richardjnieva · x · 2026-09-03

Applied Compute, founded by three ex-OpenAI researchers, is finalizing a $350 million funding round at a $3.25 billion valuation, according to a report by Richard Nieva. The startup builds custom models for enterprise customers and has reached unicorn-plus valuation shortly after founding.

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